Things to watch, what to know, in your apartment operation
Tag: Apartment Watch
Construction materials prices up for the month
The March producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.5 percent for the...
Improving fundamentals for senior housing in Q1
An NIC Map Vision summary report shows that the fundamental metrics for the senior housing industry are strengthening. However, they remain below pre-pandemic levels. Segmenting...
2023 NMHC 50 highlights a tumultuous year for multifamily with market improvements expected
Pandemic-related household growth and economic impacts resulted in a complicated 2022 for the multifamily industry. An extremely tight market in the first quarter of...
Construction employment falls in March
The Employment Situation Report from the Bureau of Labor Statistics stated that apartment operations employment rose while residential construction employment fell in the latest...
Multifamily property prices and transactions down again
CoStar reported that its value-weighted index of multifamily property prices fell 7.0 percent year-over-year in February 2023. This index was down 1.4 percent month-over-month,...
Biden’s veto of Congressional WOTUS resolution a blow to housing affordability
Alicia Huey, chairman of the National Association of Home Builders (NAHB) and a custom home builder and developer from Birmingham, Ala., today issued the...
Rent growth in spring thaw
Yardi Matrix reported that national average apartment rent increased $3 in March to $1,702 per month. This follows two months where Yardi Matrix had...
MBA forecasts slowdown early in 2023
The Mortgage Bankers’ Association (MBA) recently released its Q4 2022 quarterly databook which contains updated forecasts for key economic metrics through 2025. It still...
Multifamily job openings rise in February despite overall decline
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in February...
Seattle’s Fair Chance Housing Ordinance largely upheld
A three-judge panel of the 9th Circuit Court of Appeals has struck down one provision of Seattle’s Fair Chance Housing Ordinance while leaving key...
Multifamily construction spending rises while single-family falls
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in February was up 1.4 percent...
Rent growth rises heading into spring
The latest rent report from Apartment List shows that the national average monthly rent growth in March was a positive 0.5 percent, up slightly...
SCOTUS grants major victory for property rights
The U.S. Supreme Court announced that two property owners in Montana will have their day in court to prove that the U.S. Forest Service...
Multifamily property price decline continues
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 2.7 percent in February from their level...
Market conditions begin to improve, though costs and delays remain significant
The March edition of the NMHC Quarterly Survey of Apartment Construction & Development Activity once again found small improvements in terms of more limited...
